401 55 Avenue Sw Calgary, Alberta T2V 0E8

7 Bedroom 5 Bathroom 1545.86 sqft
None Forced Air Landscaped, Lawn


CALLING ALL INVESTORS | Corner R-C2 Lot | 3 SELF CONTAINING SUITE PROPERTY (ILLEGAL) | 5 Bed - 3 Bath | DOUBLE GARAGE | 2200+ SQ FT of living space | SOUTH BACKYARD | 60x100ftThis home is the perfect rental investment property AND future development property.  Located on a quiet, central street in the sought-after community of Windsor Park is this two story renovated home. This property has THREE SUITES (illegal). The home features a detached double car garage. The upgraded floor plan gives the home a grand feeling. Various built-in features all over the home. Newer roof shingles, furnace, hot water tank, and electrical panel. Stucco exterior. The main bathrooms have gone through a renovation in this home. Trendy finishes with all the bells & whistles. This home was designed & upgraded to perfection! The spacious main floor features hardwood flooring in the main areas. The kitchen includes newer countertops, newer cabinets, and new flooring. To complete the main floor, there’s a full bath room (completely renovated), 2 bedrooms, a foyer, and a large living room.  Upstairs you’ll find a self contained suite (illegal) with updated vinyl flooring. This floor has its own dedicated kitchen, dining room, living room, full bathroom, storage area, and bedroom. The unit also has its own washer/dryer. The entrance for this unit is separated from the other units.  The finished, illegally suited basement features a kitchen, 2 spacious bedrooms, a full bathroom, a utility room, a separate entrance, and its own set of laundry machines (shared by the main floor). The basement and upper floor are currently rented out. This property is a CASH COW. Cash flow is not an issue when you have 3 suites (illegal) in 1 home! Excellent investment rental property. There are so many options for the potential buyers. They could leave the upper floor and basement rented out and live on the main floor. Or they could rent out all 3 floors to maximize cash flow. If you rented the main flo or out, you could potentially make $4,250 a month!This lot serves many purposes. It’s an R-C2 CORNER lot (60x100). 6000 SQ FT of great property! You could, city permitted, tear the home down in the future and build 4 row homes, build two detached homes, or build a duplex.  Step outside and you’re greeted with an enormous deck. SOUTH BACKYARD keeps the tenants happy with the abundance of sunshine. The detached double garage is rented out separately to maximize cash flow. The sellers are in the process of legalizing the basement suite (city permitted). Windsor Park is a well-established community. It has many schools & amenities in the district. Breathtaking home priced aggressively. Book a showing with your favorite Realtor today! (id:20868)

Property Details

MLS® Number A2026263
Property Type Single Family
Community Name Windsor Park
Amenities Near By Park, Playground, Recreation Nearby
Features Closet Organizers
Parking Space Total 4
Plan 5037fn
Structure Deck


Bathroom Total 5
Bedrooms Above Ground 4
Bedrooms Below Ground 3
Bedrooms Total 7
Appliances Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan, Garage Door Opener
Basement Development Finished
Basement Features Separate Entrance, Suite
Basement Type Full (finished)
Constructed Date 1949
Construction Material Poured Concrete, Wood Frame
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Concrete, Stucco
Fire Protection Smoke Detectors
Flooring Type Carpeted, Ceramic Tile, Hardwood, Laminate, Vinyl
Foundation Type Poured Concrete
Half Bath Total 2
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1545.86 Sqft
Total Finished Area 1545.86 Sqft
Type House


Detached Garage 2


Acreage No
Fence Type Cross Fenced, Fence
Land Amenities Park, Playground, Recreation Nearby
Landscape Features Landscaped, Lawn
Size Depth 18.28 M
Size Frontage 30.57 M
Size Irregular 559.00
Size Total 559 M2|4,051 - 7,250 Sqft
Size Total Text 559 M2|4,051 - 7,250 Sqft
Zoning Description R-c2


Level Type Dimensions
Lower Level Furnace 7.00 Ft x 6.50 Ft
Lower Level 4pc Bathroom Measurements not available
Lower Level Bedroom 9.74 Ft x 8.43 Ft
Lower Level Den 11.91 Ft x 7.51 Ft
Lower Level Kitchen 16.77 Ft x 7.68 Ft
Lower Level Bedroom 11.09 Ft x 11.00 Ft
Lower Level Bedroom 11.75 Ft x 10.33 Ft
Lower Level 2pc Bathroom 4.66 Ft x 3.84 Ft
Main Level Office 12.34 Ft x 11.58 Ft
Main Level Kitchen 14.50 Ft x 12.43 Ft
Main Level Dining Room 10.76 Ft x 8.66 Ft
Main Level Living Room 14.44 Ft x 12.17 Ft
Main Level 2pc Bathroom Measurements not available
Main Level Foyer 8.01 Ft x 4.00 Ft
Main Level Family Room 14.67 Ft x 12.34 Ft
Main Level Laundry Room 5.84 Ft x 5.09 Ft
Upper Level Bedroom 12.34 Ft x 11.00 Ft
Upper Level Bedroom 10.83 Ft x 9.19 Ft
Upper Level 4pc Bathroom Measurements not available
Upper Level 4pc Bathroom Measurements not available
Upper Level Primary Bedroom 15.09 Ft x 11.84 Ft
Upper Level Bedroom 9.19 Ft x 8.83 Ft



Contact us for more information

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Gary Basra

(403) 919-3525

Real Broker
#700, 1816 Crowchild Trail Nw
Calgary, Alberta T2M 3Y7

(855) 623-6900

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